0 27Th St Bend, OR 97702
This exceptional 10-acre parcel presents a rare opportunity for industrial development in Bend, Oregon's rapidly growing southeast sector. Located at the intersection of Ferguson and 27th Street, this property enjoys a strategic position at the gateway to SE Bend, situated at the corner of the approved Magnolia Lane extension and the proposed Caldera Drive. The site benefits from existing infrastructure, including access to the SE Area Pump Station, Avion Water, and Cascade Natural Gas. Zoned IL (Light Industrial), this is the only parcel of its kind currently available on the market. It's part of a larger 39-acre parcel, with the remaining acreage zoned ME. The property's high-growth location is further enhanced by its proximity to established residential areas, including "The Elbow" district featuring multi-family housing and supporting retail. High Desert Middle School and Caldera High School are also nearby. Surrounding properties, totaling over 100 acres, are either under contract or have recently sold for residential development, underscoring the area's strong demand and future potential. Daily traffic counts on Knott and Ferguson streets reach 10,200 vehicles, indicating high visibility and accessibility. The asking price for this unique industrial land opportunity is $2,850,000. This is a truly exceptional investment prospect in a thriving Oregon market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.